On March 9, the European Parliament’s Economic and Monetary Affairs Committee (ECON) published a draft report detailing recommendations to the European Commission on the proposed Regulation on markets in cryptoassets and amending Directive (EU) 2019/1937 (the Draft Report).
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European Parliament Adopts Resolution on Digital Finance and Data Sharing
Posted in EU Developments, Financial Markets
On October 8, the European Parliament published a press release announcing that it had adopted a resolution regarding the creation of a robust EU framework for crypto-assets, cyber resilience, data sharing and customer safety (the Press Release).
The basis of the resolution originates from a previous report that the Economic and Monetary Affairs Committee (ECON) had voted to adopt in September 2020.
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ECON Announces Implementation of Draft Report on Digital Finance and FinTech
Posted in EU Developments, Financial Markets
On September 11, the European Parliament’s Economic and Monetary Affairs Committee (ECON) published a press release announcing the adoption of its draft report on Digital Finance.
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ESG: ECON and ENVI Publish Recommendation for Second Reading of Taxonomy Regulation
Posted in EU Developments, Financial Markets
On June 2, the European Parliament’s Economic and Monetary Affairs Committee (ECON) and its Environment, Public Health and Food Safety Committee (ENVI) published a recommendation for second reading of the proposed Taxonomy Regulation on the establishment of a framework to facilitate sustainable investment (the Recommendation).
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ECON Votes To Adopt Draft Reports on Cross-Border Distribution of Collective Investment Funds
Posted in EU Developments, Financial Markets
On December 4, the European Parliament’s Economic and Monetary Affairs Committee (ECON) published a press release announcing that it has voted to adopt draft reports on the European Commission’s legislative proposals for a Regulation and a Directive on the cross-border distribution of collective investment funds. ECON initially published the draft reports in September 2018 (for further details, see the September 28 edition of Corporate & Financial Weekly Digest).
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ECON Votes to Adopt Draft Reports on Revised EU Prudential Framework for Investment Firms
Posted in EU Developments, Financial Markets
On September 24, the European Parliament published a press release announcing that its Committee on Economic and Monetary Affairs (ECON) voted to adopt its draft reports on the European Commission’s proposals for a regulation on the prudential supervision of investment firms (Investment Firms Regulation (IFR)), and a directive on the prudential supervision of investment firms (Investment Firms Directive (IFD)).
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ECON Publishes Draft Reports on Legislative Proposals for Cross-Border Distribution of Collective Investment Funds
Posted in EU Developments, Financial Markets
On September 21, the European Parliament’s Economic and Monetary Affairs Committee (ECON) published the following draft reports, both dated September 18:
- a draft report on the proposal for a directive on the cross-border distribution of collective investment funds; and
- a draft report on the proposal for a regulation on facilitating cross-border distribution of collective investment funds.
ECON Publishes Report on Regulatory and Supervisory Relationships Between the EU and Third Countries
Posted in EU Developments, Financial Markets
On August 29, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) published its report, dated July 18, on relationships between the European Union (EU) and third countries concerning financial services and supervision.
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ECON Supports Greater Input on Equivalence of EU/Third-Country Rules by European Parliament
Posted in EU Developments, Financial Markets
On July 11, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) published a press release announcing that ECON has adopted a draft report on relationships between the EU and third countries concerning financial services regulation and supervision.
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ECON Publishes Report on EMIR 2.2
Posted in EU Developments, Financial Markets
On May 25, the European Parliament’s Economic and Monetary Affairs Committee (ECON) published a report on the proposal for a regulation amending the European Securities and Markets Authority (ESMA) Regulation, and the European Market Infrastructure Regulation (EMIR) in relation to the authorization of central counterparties (CCPs) and recognition of third-country CCPs (EMIR 2.2).
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